it was scarce likely could last long!

The Regent was determined to be obeyed. He prohibited, therefore, the
printing and posting up of the decree of the Parliament. Soldiers of the
guards, too, were placed in the markets to hinder the refusal of the new
money which had been issued. The fact is, by the edict which had been
passed, the Louis worth thirty livres was taken at thirty-six livres, and
the crown piece, worth a hundred sous, at six livres instead of five. By
this edict also government notes were made legal tender until the new
money should be ready. The finances were thus relieved, and the King
gained largely from the recasting of the coin. But private people lost
by this increase, which much exceeded the intrinsic value of the metal
used, and which caused everything to rise in price. Thus the Parliament
had a fine opportunity for trumpeting forth its solicitude for the public
interest, and did not fail to avail itself of it.

During the night a councillor of the Parliament was surprised on
horseback in the streets tearing down and disfiguring the decree of the
Regency Council, which abrogated that of the Parliament. He was taken to
prison.

On Monday, the 27th of June, the Chief-President, at the head of all the
other presidents, and of forty councillors, went to the Tuileries, and in
the presence of the Regent read the wire-drawn remonstrance of the
Parliament upon this famous edict. The Keeper of the Seals said that in
a few days the King would reply. Accordingly on Saturday, the 2nd of
July, the same deputation came again to the Tuileries to hear the reply.
The Regent and all the Princes of the blood were there, the bastards
also. Argenson, who from lieutenant of police had been made keeper of
the seals, and who in his former capacity had often been ill-used--nay,
even attacked by the Parliament--took good care to show his superiority
over that assembly. He answered that deputation in the name of the King,
and concluded by saying that the edict would in no way be altered, but
would receive complete application. The parliamentary gentlemen did not
expect so firm a reply, and withdrew, much mortified.

They were not, however, vanquished. They reassembled on the 11th and
12th of August, and spat forth all their venom in another decree
specially aimed at the authority of the Regent. By this decree the
administration of the finances was henceforth entirely to be at the mercy
of the Parliament. Law, the Scotch